$505,000
SOLD DEC 22, 2015
4 Beds
2 Baths
1,440 Sq Ft
6,360 Sq Ft Lot

Recently Sold

$351 Per Sq Ft

1% Above List Price

45 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • 2-minute walk to Northmont Park
  • Grossmont High School Rated A

About This Home

As of October 2016

Great La Mesa investment opportunity rarely on the market! Easy freeway access and close to shopping!

Last Agent to Sell the Property

Ron Oster

Coldwell Banker West License #00644595 Listed on: 10/05/2015

Coldwell Banker West

Co-Listed By

Kim Hawley

Compass License #01776106

Last Buyer's Agent

Erik Weichelt

Coldwell Banker West License #01224268

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,926

Year Built

  • Built in 1953

Lot Details

  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property

Schools

  • La Mesa Spring Valley School District Elementary And Middle School

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 486-361-05-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,926

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: West Manor Drive
  • Neighborhood: LA MESA
  • Stories: 2 Story
  • Sale Price List Price: 1.01
  • Total Stories: 2
  • Year Built: 1953
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: LA MESA

Schools

  • Elementary School: La Mesa Spring Valley School District
  • Elementary School Website: https://www.lmsvschools.org/
  • Middle School Url: https://www.lmsvschools.org/
  • Middle School: La Mesa Spring Valley School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R2
  • Assessor Parcel Number: 486-361-05-00
  • Water District URL: http://www.ci.san-diego.ca.us/water

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 0.05
  • Gross Sched Income Actual: 25620
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2016
Closed on
Oct 7, 2016
Sold by
Rayment Robert Benjamin and Homan Rayment Nita Jean
Bought by
Shiraishi Shaun D
Seller's Agent
Erik Weichelt
Coldwell Banker West
Buyer's Agent
Jennifer Bergman
Keller Williams Realty
List Price
$549,900
Sold Price
$470,000
Premium/Discount to List
-$79,900
-14.53%
Total Days on Market
45
Current Estimated Value
$905,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,832
Avg. Annual Appreciation
7.94%
Original Mortgage
$263,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 5, 2015
Closed on
Oct 26, 2015
Sold by
Cafiso Jenna
Bought by
Cafiso Anthony
Seller's Agent
Ron Oster
Coldwell Banker West
Buyer's Agent
Erik Weichelt
Coldwell Banker West
List Price
$499,000
Sold Price
$505,000
Premium/Discount to List
$6,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.10%

Purchase Details

Closed on
Oct 20, 2015
Sold by
Cafiso Anthony
Bought by
Rayment Robert Benjamin and Homan Rayment Anita Joan

Purchase Details

Closed on
Sep 7, 2004
Sold by
Norris Charles and Norris Julie
Bought by
Cafiso Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 24, 2003
Sold by
Norris Kathy V
Bought by
Norris Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,300
Interest Rate
4.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 3, 2003
Sold by
Wheeler Anthony S and Wheeler Patricia M
Bought by
Norris Waatani and Norris Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,300
Interest Rate
4.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 28, 1994
Sold by
Caulfield William James and Caulfield Helen Rackett
Bought by
Wheeler Anthony S and Wheeler Patricia M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $470,000 Corinthian Title Company
Interfamily Deed Transfer -- Title 365
Grant Deed $505,000 Title 365
Grant Deed $520,000 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Grant Deed $380,000 First American Title Co
Grant Deed -- South Coast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $361,000 New Conventional
Closed $364,000 New Conventional
Closed $263,000 New Conventional
Previous Owner $416,000 Unknown
Previous Owner $48,700 Credit Line Revolving
Previous Owner $255,300 Unknown
Closed $51,950 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $470,000 -6.0% $326 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
09/18/2016 09/18/16 Price Changed $499,900 -2.0% $347 / Sq Ft
09/06/2016 09/06/16 Price Changed $509,900 -1.9% $354 / Sq Ft
07/27/2016 07/27/16 Price Changed $519,900 -5.5% $361 / Sq Ft
07/13/2016 07/13/16 For Sale $549,900 +8.9% $382 / Sq Ft
12/22/2015 12/22/15 Sold $505,000 +1.2% $351 / Sq Ft
11/15/2015 11/15/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $499,000 -- $347 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,926 $534,776 $250,320 $284,456
2023 $6,747 $524,291 $245,412 $278,879
2022 $6,692 $514,011 $240,600 $273,411
2021 $6,602 $503,933 $235,883 $268,050
2020 $6,403 $498,767 $233,465 $265,302
2019 $6,303 $488,988 $228,888 $260,100
2018 $6,172 $479,400 $224,400 $255,000
2017 $6,058 $470,000 $220,000 $250,000
2016 $6,396 $505,000 $240,000 $265,000
2015 $5,087 $385,000 $184,000 $201,000
2014 -- $385,000 $184,000 $201,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 150054205

San Diego MLS

APN: 486-361-05